First Trust Institutional Preferred Securities and Income ETF (FPEI) Price, Holdings, & News

ETF Overview

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities. FPEI was launched on Aug 22, 2017 and is managed by First Trust.

Key Stats

• Today's Range: $18.62 to $18.68
• 50-Day Range: $18.62 to $19.05
• 52-Week Range: $17.68 to $19.11
• Volume: 733,822 shs
• Average Volume: 321,021 shs
• Market Capitalization: $1.30 billion
• Assets Under Management: $1.51 billion
• Dividend Yield: 5.04%
• Net Expense Ratio: 0.85%
• Aggregate Rating: N/A

FPEI ETF - Frequently Asked Questions

How have FPEI shares performed this year?

First Trust Institutional Preferred Securities and Income ETF's stock was trading at $17.83 on January 1st, 2024. Since then, FPEI shares have increased by 4.6% and is now trading at $18.65.
View the best growth stocks for 2024 here.

Who are First Trust Institutional Preferred Securities and Income ETF's major shareholders?

First Trust Institutional Preferred Securities and Income ETF's top institutional shareholders include Smith Chas P & Associates PA Cpas (3.05%), Key Financial Inc (1.39%), Citizens Business Bank (1.38%) and Essex LLC (1.26%).

How do I buy shares of First Trust Institutional Preferred Securities and Income ETF?

Shares of FPEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Trust Institutional Preferred Securities and Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Institutional Preferred Securities and Income ETF investors own include Advanced Micro Devices (AMD), iShares Core S&P 500 ETF (IVV), McKesson (MCK), Wells Fargo & Company (WFC), Applied Materials (AMAT), Airbnb (ABNB) and Cisco Systems (CSCO).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Institutional Preferred Securities and Income ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FPEI
• Inception Date: 8/22/2017
• Fund Manager: Scott Fleming, Robert Wolf, Eric Weaver, Angelo Graci
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Multi Asset
• Benchmark: N/A
• Category: Asset Allocation
• Focus: Target Outcome
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 164

Fund Statistics

• Assets Under Management: $1.51 billion
• Average Daily Volume: $333,631.30
• Discount/Premium: -0.05%

Administrator, Advisor and Custodian

• Administrator: Brown Brothers Harriman & Co.
• Advisor: First Trust Advisors L.P.
• Custodian: Brown Brothers Harriman & Co.
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 196,700 shs

Miscellaneous

• Outstanding Shares: 69,500,000
• Beta: 0.19
• Creation Unit: 50,000
• Creation Fee: $500.00